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The world’s economy did not suffer de-globalisation after the 2008-2009 Global Crisis, but entered a phase of "New Normal". While trade-income elasticity has been returning to its pre-1990s long-term values, the world is much more open to trade today than it was 25 years ago. We show that part...
Persistent link: https://www.econbiz.de/10014131802
We quantify the economic impact of a potential secession of Catalonia from Spain. Using a novel dataset of trade flows between 17 Spanish sub-national regions and 142 countries, we estimate effects of different levels of borders on trade flows and uncover heterogeneity in country-to-country,...
Persistent link: https://www.econbiz.de/10014422586
Persistent link: https://www.econbiz.de/10005406637
Easing of economic sanctions by Western countries in 2012 augmented the prospect that Myanmar will expand its exports. On the other hand, a sharp rise in natural resource exports during the sanctions brings in a concern about the "Dutch disease". This study projects Myanmar's export potential by...
Persistent link: https://www.econbiz.de/10011134410
The paper tabulates Myanmar's merchandise trade as reported by its partner countries, thereby circumventing the data constraints stemming from Myanmar's patchy trade records. It then estimates Myanmar's export potential, based on the bilateral export patterns observed for six other countries in...
Persistent link: https://www.econbiz.de/10009734207
We review and interpret the main theoretical developments in the gravity literature from its very early, a-theoretical applications to the latest structural contributions. We also discuss challenges and implement methods to estimate empirical gravity equations. We finish with a presentation and...
Persistent link: https://www.econbiz.de/10011611143
Institutional trade barriers constitute substantial constraints for a number of exporters and importers. These barriers are multidimensional and they impede trade flows and trade performance of many developing countries, including African countries. In particular, the International Trade Centre...
Persistent link: https://www.econbiz.de/10012145414
The paper shows that the relationship between GDP per capita and levels of specialization can be predicted differently depending on whether the intensive or the extensive margin is considered. It shows that at the extensive margin countries continuously diversify their exports and that...
Persistent link: https://www.econbiz.de/10010382160
This dissertation was prepared by Jasmin Gröschl and is a collection of five self-contained empirical essays. They aim at contributing to the understanding of non-standard determinants of trade and migration: historical and cultural characteristics in the United States (Chapter 1),...
Persistent link: https://www.econbiz.de/10011744094
This paper analyses the effect of international borders and of trade agreements at international borders on subnational (i.e. regional) growth. We construct an extensive panel dataset covering 1,350 regions in 86 countries worldwide between 1950 and 2017. Our results show that international...
Persistent link: https://www.econbiz.de/10012533891